Assessment of Current and Future Wind and Solar NEM Prices

ITP was commissioned in 2017 by the Environment, Planning and Sustainable Development Directorate of the ACT Government to examine past and forecast future NEM pool prices for wind and solar generators in the NEM regions of South Australia, Victoria and New South Wales.

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Our report analysed historical volume weighted average prices received by wind generators, solar generators and all generators for calendar 2016; estimated future real prices to be received by wind and solar generators and their driving factors; and provided commentary about forecast changes in average NEM prices and the factors influencing these changes from 2016-21.